February 2012
Tortoise Pipeline & Energy Fund, Inc. Executives
Ring Opening Bell
at the New York Stock Exchange
Watch the videoMembers of the Tortoise and Montage Investments teams rang the opening bell at the New York Stock Exchange on Friday, February 17, 2012, in celebration of the Tortoise Pipeline & Energy Fund’s initial public offering. NYSE-Listed TTP, the fund began trading on the NYSE on October 27, 2011.
February 2012
Tortoise Pipeline & Energy Fund, Inc. Executives to Ring Opening Bell at the New York Stock Exchange in Celebration of Successful IPO
LEAWOOD, Kan. – Feb. 15, 2012 – Tortoise Pipeline & Energy Fund, Inc. (NYSE: TTP) today announced that members of Tortoise Capital Advisors and Montage Investments teams will ring the opening bell at the New York Stock Exchange on Friday, Feb. 17, 2012, in celebration of TTP’s initial public offering.
February 2012
Palmer Square Signs Investment Deal with LNG Capital
Leawood, Kan. – February 14, 2012 – Palmer Square Capital Management, along with Montage Investments and Atlantic Asset Management, today announced a partnership with LNG Capital, a long/short European credit firm based in London that focuses on European corporate credit investments. In addition to securing significant investment capital, the relationship provides LNG Capital with access to the distribution channels of Montage and Atlantic.
February 2012
Nuance Investments Ranked in 1st Percentile Over Three-Year Period
Kansas City, MO – February 7, 2012 – Nuance Investments, a classic value investment firm led by Scott A. Moore, CFA and former Senior Portfolio Manager at American Century Investments, today announced a significant accomplishment as it celebrates its three-year anniversary – a benchmark cited by industry experts as an important milestone when evaluating the track records of investment managers. More specifically, the Nuance Concentrated Value composite ranks in the 1st percentile on a risk-adjusted return basis – as measured by Sharpe Ratio – versus the Morningstar Large Value Peer Group and versus the Lipper Multi-Cap Value Funds Peer Group.
January 2012
Mariner Real Estate Management acquires second FDIC real estate loan portfolio
Leawood, Kan. – January 11, 2012 – Mariner Real Estate Management, LLC (MREM), a real estate investment and management firm, today announced the closing of its second structured purchase of commercial real estate debt in partnership with the Federal Deposit Insurance Corporation (FDIC). The acquired portfolio consists of approximately $101 million in real estate loans, representing the unpaid balance of 62 performing and non-performing commercial loans located in Washington, Idaho and Utah.
December 2011
Corridor Energy, LLC Changes Name to Corridor InfraTrust Management, LLC and Confirms Appointment as Manager of Tortoise Capital Resources Corp.
LEAWOOD, Kan. – December 1, 2011 – Corridor Energy, LLC today announced that it hasﾠchanged its name to Corridor InfraTrust Management, LLC (Corridor). Corridor is an assetﾠmanagement company that specializes in financing the acquisition or development ofﾠinfrastructure real property assets. Corridor is focused on the acquisition of infrastructure assets that meet all the requirements to qualify as a real estate investment trust. Corridorﾠwas formed in 2010 by Tortoise Capital Advisors, L.L.C., Montage Investments, LLC and theﾠCorridor management team.ﾠ
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October 2011
Montage Investments releases new research on alternative investmentsﾠ
Montage Investments separates fact from fiction regarding alternative investments in its latest client presentation and white paper, “Opportunities in Alternative Investments.” Gary Henson, chief investment officer, dispels several common myths surrounding alternatives and addresses strategies for including these investments in client portfolios.
Download the Alternative Investments white paper
Download the Alternative Investments pitch deck
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October 2011
Tortoise Pipeline & Energy Fund, Inc. Announces $250 Million Initial Public Offering
LEAWOOD, Kan. – Oct. 27, 2011 – Tortoise Capital Advisors, LLC (“Tortoise”) is pleased to announce the launch of Tortoise Pipeline & Energy Fund, Inc. (the “Fund”). The Fund raised $250 million in gross proceeds, and should the underwriters exercise their overallotment option in full, which may or may not occur, the Fund will have raised approximately $285 million. The Fund’s shares are to commence trading on the NYSE today under the symbol “TTP.”
October 2011
Nuance Investments Achieves 2nd Percentile Ranking
Kansas City, MO – October 26, 2011 – Nuance Investments, a classic value investment firm founded in 2008 by Scott A. Moore, CFA and a former Senior Portfolio Manager with American Century Investments, today announced a significant achievement as it approaches its three-year anniversary. The Nuance Concentrated Value composite ranks in the second percentile on a risk-adjusted return basis – as measured by Sharpe Ratio versus the eVestment US All Cap Value Equity Peer Group.
July 2011
Mariner Real Estate Testing Management re-signs Whole Foods Market as anchor tenant at Willits Town Center development
LEAWOOD, Kan. – July 29, 2011 – Whole Foods Market, the world’s largest retailer of natural and organic foods, has re-signed as the anchor tenant at Willits Town Center development in Basalt, Colo. Testing content.
June 2011
Nuance Investments Announces Launch of its First Mutual Fund
KANSAS CITY, Mo – June 1, 2011 – Nuance Investments, a classic value investment firm, today announced the introduction of the Nuance Concentrated Value Fund, its first open- ended mutual fund. Launched in partnership with Montage Investments, the Fund offers an institutional share class trading under the symbol NCVLX.
June 2011
Palmer Square Capital Management - High-Net-Worth Investing for Non High-Net-Worth Investors
They say the rich get richer. Well, of course they do! Their exist- ing wealth buys them access to a class of financial tools and advisors that is simply not available to oth- ers. For instance, like many other elite firms, Palmer Square Capital Management has, since its founding, offered its services only to high-net-worth investors and institutional clients, says President Chris Long.
May 2011
Palmer Square Capital Management Announces Launch of its First Mutual Fund
LEAWOOD, Kan. – May 19, 2011, – Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customized alternative investment solutions, today announced the introduction of the Palmer Square Absolute Return Fund, its first open-ended mutual fund. Launched in partnership with Montage Investments, the objective of the Fund is to seek capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broader equity and bond markets. The Fund offers investor and institutional share classes, trading under the symbols PSQAX and PSQIX, respectively.
May 2011
Mariner Real Estate Management revives Willits Town Center development
LEAWOOD, Kan. – May 13, 2011 – Mariner Real Estate Management (MREM), an investment affiliate of Montage Investments, today announced its purchase of the Willits Town Center development in Basalt, Colo., with the intent to complete the development project that has been stalled since 2008.
May 2011
Palmer Square Emerging Manager Fund Signs Investment Deal With Boston-based Millstreet Capital Management
LEAWOOD, Kan. – May 3, 2011 – Palmer Square Capital Management, in partnership with Atlantic Asset Management and Montage Investments, today announced that the Palmer Square Emerging Manager Fund, LP has provided $25 million of capital for a seed investment with Millstreet Capital Management LLC, a long/short credit hedge fund manager. In addition to securing strategic investment capital, the relationship provides Millstreet with access to the distribution channels of Atlantic and Montage.
March 2011
Palmer Square Capital Management Appoints CIO with Notable Credentials
LEAWOOD, Kan. – March 16, 2011 – Palmer Square Capital Management today announced the appointment of Angie Knighton Long, CFA, as the firm’s chief investment officer. A member of the advisor’s Investment Committee, Long has key responsibilities for all investment-related activities, with a particular focus on portfolio and risk management. She joined the firm in February 2011.
January 2011
Tortoise MLP Fund, Inc. Announces Tax Characterization of 2010 Distributions
LEAWOOD, Kan.--Jan. 12, 2011--(BUSINESS WIRE)-- Tortoise MLP Fund, Inc. (NYSE: NTG) today announced the tax characterization of the 2010 distributions paid to stockholders which were comprised of 100 percent return of capital.
January 2011
Tortoise MLP Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of December 31, 2010
LEAWOOD, Kan.--Jan. 3, 2011--(BUSINESS WIRE)-- Tortoise MLP Fund, Inc. (NYSE: NTG) today announced that as of December 31, 2010, the company's unaudited total assets were approximately $1.6 billion and its unaudited net asset value was $1.2 billion, or $25.45 per share.
July 2011
Mariner Real Estate Management re-signs Whole Foods Market as anchor tenant at Willits Town Center development
LEAWOOD, Kan. – July 29, 2011 – Whole Foods Market, the world’s largest retailer of natural and organic foods, has re-signed as the anchor tenant at Willits Town Center development in Basalt, Colo. The project was delayed when the development stalled, but the grocery retailer stepped back in after the recent announcement that Mariner Real Estate Management (MREM) had purchased the Willits development with the intent to complete the project.
June 30, 2011
Montage Investments Appoints Executive Distribution Team
TMontage Investments, a diverse group of boutique asset managers with approximately $8 billion in assets under management, today announced the appointment of a highly experienced executive team that will lead the firm’s distribution efforts. David Henriksen, head of distribution, Anthony Carrubba, national sales manager, and Jenny Rhodus, director of national accounts, joined the firm recently and will lead the team of 17 professionals in providing wholesaling support to financial advisors, institutions and consultants.
June 27, 2011
Palmer Square Capital Management - High-Net-Worth Investing for Non High-Net-Worth Investors
They say the rich get richer. Well, of course they do! Their existing wealth buys them access to a class of financial tools and advisors that is simply not available to others. For instance, like many other elite firms, Palmer Square Capital Management has, since its founding, offered its services only to high-net-worth investors and institutional clients, says President Chris Long.
June 1, 2011
Tortoise Capital Advisors Introduces Its First Open-End Mutual Fund
Tortoise Capital Advisors today announced the introduction of Tortoise MLP & Pipeline Fund, its first open-end mutual fund. The Fund will invest primarily in equity securities of MLP and pipeline companies that own and operate essential North American energy infrastructure assets, with an investment objective of total return.
June 1, 2011
Nuance Investments Announces Launch of its First Mutual Fund
Nuance Investments, a classic value investment firm, today announced the introduction of the Nuance Concentrated Value Fund, its first open- ended mutual fund. Launched in partnership with Montage Investments, the Fund offers an institutional share class trading under the symbol NCVLX.
May 19, 2011
Palmer Square Capital Management Announces Launch of its First Mutual Fund
Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customized alternative investment solutions, today announced the introduction of the Palmer Square Absolute Return Fund, its first open-ended mutual fund. Launched in partnership with Montage Investments, the objective of the Fund is to seek capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broader equity and bond markets. The Fund offers investor and institutional share classes, trading under the symbols PSQAX and PSQIX, respectively.
May 13, 2011
Mariner Real Estate Management revives Willits Town Center development
Mariner Real Estate Management (MREM), an investment affiliate of Montage Investments, today announced its purchase of the Willits Town Center development in Basalt, Colo., with the intent to complete the development project that has been stalled since 2008.
May 3, 2011
Palmer Square Emerging Manager Fund Signs Investment Deal
With Boston-based Millstreet Capital Management
Palmer Square Capital Management, in partnership with Atlantic Asset Management and Montage Investments, today announced that the Palmer Square Emerging Manager Fund, LP has provided $25 million of capital for a seed investment with Millstreet Capital Management LLC, a long/short credit hedge fund manager. In addition to securing strategic investment capital, the relationship provides Millstreet with access to the distribution channels of Atlantic and Montage.
February 17, 2011
Palmer Square Emerging Manager Fund Signs Investment Deal with Cypress Capital Management
Palmer Square Capital Management, in partnership with Atlantic Asset Management and Montage Asset Management, today announced that its Palmer Square Emerging Manager, LP has provided $30 million of capital for a seed investment with Cypress Capital Management, a fundamentally-driven, long/short investment firm based in San Francisco, CA, primarily focused on the global consumer/retail and technology, media and telecommunications sectors. In addition to securing strategic investment capital, the relationship provides Cypress with access to the distribution channels of Atlantic and Montage.
Jan. 11, 2011
Corridor Energy Established to Specialize in Energy Infrastructure Financing
Corridor Energy LLC (Corridor Energy) today announced its formation as an asset management company focused on real energy infrastructure assets. Corridor Energy plans to provide growth capital to finance energy infrastructure assets deployed in sectors such as electric power transmission and distribution, and natural gas and liquid transportation and storage facilities.
October 1, 2010
Tortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of September 30, 2010
Tortoise Energy Infrastructure Corp. (NYSE: TYG) today announced that as of September 30, 2010, the company's unaudited total assets were approximately $1.4 billion and its unaudited net asset value was $842.7 million, or $31.18 per share.
October 1, 2010
Tortoise Power and Energy Infrastructure Fund, Inc. Provides Unaudited Balance Sheet Information and Asset Coverage Update as of September 30, 2010
Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE: TPZ) today announced that as of September 30, 2010, the company's unaudited total assets were approximately $198.9 million and its unaudited net asset value was $164.5 million, or $23.70 per share.
October 1, 2010
Tortoise Energy Capital Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of September 30, 2010
Tortoise Energy Capital Corp. (NYSE: TYY) today announced that as of September 30, 2010, the company's unaudited total assets were approximately $729.2 million and its unaudited net asset value was $464.5 million, or $24.06 per share.
October 1, 2010
Tortoise North American Energy Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of September 30, 2010
Tortoise North American Energy Corp. (NYSE: TYN) today announced that as of September 30, 2010, the company's unaudited total assets were approximately $182.9 million and its unaudited net asset value was $148.0 million or $23.51 per share.
October 7, 2010
Tortoise MLP Fund, Inc. Receives Initial Funding from Private Offerings of Senior Notes and Mandatory Redeemable Preferred Shares
Tortoise MLP Fund, Inc. (NYSE: NTG) today announced it has finalized the terms of a private placement with institutional investors of $230 million of senior unsecured notes (Senior Notes) and $90 million of Mandatory Redeemable Preferred Shares (MRP Shares). An initial funding of approximately $153 million of Senior Notes and $60 million of MRP Shares occurred today with the remaining to be funded no later than Dec. 15, 2010. The proceeds from the offerings will be used primarily for making new portfolio investments, reducing outstanding borrowings under the credit facility and for general corporate purposes.
October 7, 2010
Tortoise Capital Resources Corp. Releases Fiscal 2010 Third Quarter Financial Results
Tortoise Capital Resources Corp. (NYSE: TTO) (the company) today announced that it has filed its Form 10-Q for its third quarter ended Aug. 31, 2010.
July 2009
What in the world is infrastructure?
The definition is crucial: if we don’t know what it is we’re talking about, there is no way we can confidently invest in infrastructure, writes Jeffrey E. Fulmer
October 2010
Stability just a few feet below
How to access genuinely stable income in today’s fraught investing environment? Jeffrey e. fulmer of Tortoise Capital Advisors explains why energy master limited partnerships, with their core oil and gas pipeline assets, demand consideration
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